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$3.05 pilbara minerals limited

Beer and Co Research Revisited, page-33

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horseshoe71

312 Posts.

08/02/16

23:29

Post #: 16971424
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Originally posted by PirateBooty ↑

Seems like a busy weekend crunching the numbers for everyone... a few celebratory drinks and maths hey ???

Regarding battery alternatives .... There are always alternatives on the horizon...
A few show promise - most are "vaporware" chasing investment dollars.

PLS for the moment is focus on the traditional uses mainly the technical grade Concentrate and traditional Lithium market. Glass, Ceramics etc.

The demand in those segments we have been told has been consistent over the years with customers growth restricted due to limited supply - therefore irrespective of batteries which is further threatening that supply - the traditional demand for specialized lithium products may still be relatively strong.

You're main mitigation to those concerns then, with threats from alternative technology, will be "COST"!.

If you back the company that can produce a product at the least amount of cost and highest margins, you are far more insulated from the risk of price drops then say someone who has to blast a 300 Meter hole in the ground.

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PB good form

PLS Price at posting: 38.0¢ Sentiment: Buy Disclosure: Held
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0 Great analysis

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Last $3.05		Change -0.050(1.61%)		Mkt cap ! $9.561B

Open	High	Low	Value	Volume
$3.13	$3.20	$3.03	$52.10M	16.60M

Buyers (Bids)

No.	Vol.	Price($)
6	13091	$3.05

Sellers (Offers)

Price($)	Vol.	No.
$3.06	45218	14

View Market Depth

No.	Vol.	Price($)
25	139213	3.090
30	212284	3.080
14	184402	3.070
16	136618	3.060
21	233601	3.050

Price($)	Vol.	No.
3.100	33494	9
3.110	185973	17
3.120	152572	13
3.130	100346	23
3.140	85388	9

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